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Pound through the floor as UK's GDP sinks into contraction

News by Newsroom on 04:37 EST February 11, 2019
The UK economy shrank in January by 0,4% according to data released by the ONS on Monday morning.

Canada adds 66,800 jobs in January but unemployment rate rises

News by Newsroom on 09:10 EST February 08, 2019

Canada added 66,800 jobs in January, widely exceeding market expectations, altough the unemployment climbed to 5.

This is were we are in this bubble cycle

News by Newsroom on 10:02 EST February 07, 2019
It is now eleven years since the US and all main major markets found a bottom after the last financial crisis.

German recession fears grow as factory orders tumble

News by Newsroom on 07:45 EST February 06, 2019
After weak January EU services purchasing managers survey data yesterday, with both France and Italy’s readings in contraction territory, bearish data piles in today as German factory orders fell 1.

Don't write the dollar off just yet

News by Simon Kazinsky on 06:03 EST February 06, 2019
The buck still remains in a solid uptrend and it is likely to appreciate against the euro and the pound.

The Euro now poised for another way down

Tech analysis by Simon Kazinsky on 10:56 EST January 17, 2019
Retail traders are buying it but the trend has become clearer since last week.

Non Farm payroll says the US created double the number of jobs than expected

News by Newsroom on 08:34 EST January 04, 2019
But the unemployment rate also climbed up.

Apple profit warning ignites a currency flash crash overnight

News by Newsroom on 09:17 EST January 03, 2019
Apple cut its revenue guidance on Wednesday on the back of weakness in the Chinese market.

Gold will shine in 2019

Tech analysis by Simon Kazinsky on 10:54 EST January 02, 2019
Technical analysis warns of renewed strength for the metal.

The US stock market may see a temporary rebound

News by Simon Kazinsky on 09:36 EST December 16, 2018
The main US indices are approaching an important support that may give temporary relief to an otherwise clear downtrend for the american stock market.

Take a quick look at how your local stock market is sinking

News by Allie Longford on 12:07 EST December 06, 2018
Here is a list of the main stock markets around the world and how fast they are crashing as the first week of December brings extreme weakness across the board.

[POLL] As the FED ignites a stocks melt up, we ask: Will this rally last?

News by Newsroom on 12:30 EST November 28, 2018
The dollar is being dumped as if there is no tomorrow and stocks are rallying after FED chair Powell says he sees current interest rate level "just below" hinting a less hawkish view on future rate rises, just as president Donald Trump hopes for.

What is the percentage of traders that lose money in the forex market

Article by Allie Longford on 23:27 EST November 27, 2018
With the most recent EU regulations applying to retail brokers we are now able to access this valuable data.

Nothing is able to lift the British pound

Tech analysis by Simon Kazinsky on 12:18 EST November 26, 2018
The pound remains in a solid downward spiral and not even good news appear to help.

The UK did not grow in September

News by Newsroom on 08:00 EST November 09, 2018

The UK GDP first estimate showed growth  at 0.

Fed holds interest rates and prepares for more hikes

News by Newsroom on 15:59 EST November 08, 2018

No big changes made to Fed policy statement.

All rosy out there according to the ECB

News by Newsroom on 05:12 EST November 08, 2018

Consumption in the euro zone appears to be resilient to a recent slowdown and the labor market is also expected to continue expanding, suggesting that growth remains broad-based, the European Central Bank said in its latest Economic Bulletin released on Thursday.

September euro zone retail sales stronger than expected

News by Newsroom on 08:36 EST November 07, 2018

Euro zone retail sales rose  in September, and August data was also revised upwards, data from the European Union's statistics office Eurostat showed on Wednesday.

UK House price inflation slowest in 5 years

News by Newsroom on 05:12 EST November 07, 2018

According to a survey data from IHS Markit and Lloyds Banking Group PLC unit Halifax released on Wednesday on a month-on-month basis, house prices rose 0.

New Zealand unemployment drops to decade low

News by Newsroom on 22:52 EST November 06, 2018

New Zealand's unemployment rate has dropped to 3.

Euro zone economy slowing

News by Newsroom on 08:34 EST November 06, 2018

Euro zone business growth slumped to a two-year low in October.

Pound steady after dissapointing retail sales

News by Newsroom on 06:38 EST Octuber 18, 2018

According to data published by the Office for National Statistics (ONS), UK retail sales growth contracted 0.

Are gold and silver finally coming back?

News by Allie Longford on 23:23 EST Octuber 17, 2018
It is proving a difficult decade for precious metals but this may be coming to an end.

Retail traders going long on the US stock market

News by Simon Kazinsky on 07:53 EST Octuber 11, 2018
Just as the market starts to finally provide proper signals of weakness and breaking important medium term supports retail traders venture themselves into catching a falling knife, fighting the strong trend and picking a bottom.

The market has just set a multi year top and will lose 50% of its value in the next 2 years

News by Simon Kazinsky on 08:45 EST Octuber 09, 2018
It is a bold statement but here is why.

Non Farm payrolls way lower than anticipated

News by Newsroom on 08:34 EST Octuber 05, 2018
The September jobs report released Friday morning showed the U.

Is the US stock market about to turn lower?

News by Newsroom on 18:11 EST Octuber 02, 2018
As some economic indicators are starting to flash do you think the stock market will notice? .

Facebook Technical Analysis, in bear market and below its long term supporting moving average

Tech analysis by Simon Kazinsky on 15:23 EST Octuber 02, 2018
Facebook is the first of the FAANGS to fall below its long term supporting moving average.

Markets mutted as FED hikes by a quarter

News by Newsroom on 14:03 EST September 26, 2018
First reactions to the new FED interest hike is quite muted as EURUSD, GBPUSD, USDJPY and the US Stock indices remain flat after the announcement.

[HILARIOUS] Watch this BBC reporter describing 2018 bright economic conditions right before the dot com crash in 2000

News by Newsroom on 13:48 EST September 22, 2018
They say history does not repeat but it rhymes however there are some lyrics in this song that are, simply put, an identical copy.


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